Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) Sees Large Drop in Short Interest

Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 165,412 shares, a drop of 43.7% from the September 30th total of 293,698 shares. Based on an average daily trading volume, of 203,528 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Vanguard Small-Cap Growth ETF

Large investors have recently added to or reduced their stakes in the stock. First Bancorp Inc ME bought a new position in shares of Vanguard Small-Cap Growth ETF in the second quarter worth $28,000. Advisortrust Partners LLC bought a new position in shares of Vanguard Small-Cap Growth ETF in the first quarter worth approximately $29,000. Basecamp Wealth Advisors LLC bought a new position in shares of Vanguard Small-Cap Growth ETF during the 1st quarter valued at about $31,000. Bollard Group LLC bought a new stake in Vanguard Small-Cap Growth ETF during the first quarter worth approximately $34,000. Finally, Signature Resources Capital Management LLC lifted its stake in shares of Vanguard Small-Cap Growth ETF by 41.9% during the 3rd quarter. Signature Resources Capital Management LLC now owns 105 shares of the company’s stock worth $35,000 after acquiring an additional 31 shares during the last quarter.

Vanguard Small-Cap Growth ETF Price Performance

VBK stock traded down $8.77 during midday trading on Friday, hitting $330.18. The stock had a trading volume of 162,527 shares, compared to its average volume of 228,893. The firm has a market cap of $22.34 billion, a price-to-earnings ratio of 27.57 and a beta of 1.18. Vanguard Small-Cap Growth ETF has a 52-week low of $280.27 and a 52-week high of $367.04. The business has a 50-day moving average of $341.13 and a two-hundred day moving average of $335.74.

About Vanguard Small-Cap Growth ETF

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.